Zacks Research Has Negative Estimate for MHK Q2 Earnings

Mohawk Industries, Inc. (NYSE:MHK) – Zacks Research reduced their Q2 2026 earnings per share estimates for Mohawk Industries in a research note issued on Monday, February 9th. Zacks Research analyst Team now expects that the company will post earnings of $2.68 per share for the quarter, down from their prior forecast of $3.03. The consensus estimate for Mohawk Industries’ current full-year earnings is $9.80 per share. Zacks Research also issued estimates for Mohawk Industries’ Q1 2027 earnings at $2.43 EPS, Q2 2027 earnings at $3.15 EPS, Q3 2027 earnings at $3.16 EPS, Q4 2027 earnings at $2.71 EPS and FY2027 earnings at $11.45 EPS.

Several other brokerages also recently weighed in on MHK. Wall Street Zen downgraded Mohawk Industries from a “buy” rating to a “hold” rating in a research report on Saturday, December 20th. Evercore dropped their target price on Mohawk Industries from $124.00 to $118.00 and set an “in-line” rating on the stock in a report on Wednesday, November 19th. Raymond James Financial reiterated a “strong-buy” rating and set a $150.00 price target (up from $140.00) on shares of Mohawk Industries in a research report on Tuesday, October 21st. Jefferies Financial Group decreased their price target on Mohawk Industries from $134.00 to $128.00 and set a “hold” rating for the company in a report on Monday, December 15th. Finally, Vertical Research assumed coverage on shares of Mohawk Industries in a research note on Monday, October 20th. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $129.78.

Mohawk Industries Stock Down 1.4%

MHK stock opened at $135.04 on Wednesday. The company has a market capitalization of $8.35 billion, a P/E ratio of 20.10, a price-to-earnings-growth ratio of 3.81 and a beta of 1.23. Mohawk Industries has a 12 month low of $96.24 and a 12 month high of $143.13. The firm’s fifty day simple moving average is $116.77 and its 200-day simple moving average is $120.68. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.25 and a quick ratio of 1.24.

Insider Activity at Mohawk Industries

In other news, insider Suzanne L. Helen sold 2,700 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $109.00, for a total transaction of $294,300.00. Following the completion of the sale, the insider owned 67,893 shares of the company’s stock, valued at $7,400,337. This represents a 3.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 14,485 shares of company stock worth $1,604,006 in the last three months. 17.40% of the stock is currently owned by insiders.

Institutional Trading of Mohawk Industries

Several large investors have recently bought and sold shares of MHK. Root Financial Partners LLC acquired a new position in shares of Mohawk Industries during the 3rd quarter worth approximately $25,000. Bayforest Capital Ltd acquired a new position in Mohawk Industries during the fourth quarter worth $27,000. MTM Investment Management LLC purchased a new stake in Mohawk Industries in the 2nd quarter valued at $28,000. Global Retirement Partners LLC increased its stake in shares of Mohawk Industries by 950.0% in the 4th quarter. Global Retirement Partners LLC now owns 252 shares of the company’s stock worth $28,000 after acquiring an additional 228 shares during the last quarter. Finally, Quent Capital LLC purchased a new position in shares of Mohawk Industries during the 3rd quarter worth $33,000. Hedge funds and other institutional investors own 78.98% of the company’s stock.

Key Headlines Impacting Mohawk Industries

Here are the key news stories impacting Mohawk Industries this week:

• Positive Sentiment: Zacks raised its Q4 2027 EPS estimate to $2.71 (from $2.45), a sign that Zacks sees stronger near-term Q4 results than previously modeled. This upgrade provides a modest offset to other cuts.
• Neutral Sentiment: Market previews remind investors the company reports Q4 results on Feb. 12 after the close — the report and any management commentary will likely drive near-term price moves. Article Title
• Neutral Sentiment: Zacks published an earnings preview noting Mohawk’s recent EPS and sales performance versus consensus, which frames expectations going into the print. Article Title
• Negative Sentiment: Zacks trimmed several near-term quarterly estimates: Q1 2027 to $2.43 (from $2.73), Q2 2027 to $3.15 (from $3.45), and Q3 2027 to $3.16 (from $3.35). These cuts reduce expected 2027 quarterly drivers of growth and may pressure valuation expectations.
• Negative Sentiment: Zacks also lowered FY2027 EPS to $11.45 (from $11.98) and trimmed FY2026 estimates (FY2026 to $9.82 from $10.27), signaling reduced medium‑term earnings visibility and weaker forward guidance assumptions from the analyst.
• Negative Sentiment: Additional modest cuts to FY quarter estimates (e.g., Q2 2026 from $3.03 to $2.68; Q4 2026 from $2.15 to $2.11) point to a broader downtick in analyst expectations across multiple periods.

About Mohawk Industries

Mohawk Industries, Inc is a global flooring manufacturer that designs, produces and distributes a broad range of floor covering products for both residential and commercial applications. Headquartered in Calhoun, Georgia, the company traces its roots to 1878 and has expanded through a series of strategic acquisitions and organic growth initiatives. Over the decades, Mohawk has built a vertically integrated platform encompassing yarn manufacturing, fiber production, wood and laminate finishing, and ceramic tile fabrication, enabling tight control over product quality and supply chain efficiency.

The company’s product portfolio includes residential and commercial carpet, ceramic and porcelain tile, laminate, wood and natural stone flooring, luxury vinyl, and innovative surface solutions.